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Wednesday after a report indicated that the company is preparing to file for bankruptcy in the next few weeks. The chip ...
The chip company’s stock was down 25% during midday trading on Friday, after it reported its March-quarter results and ...
Wolfspeed faces steep losses, rising debt, and restructuring challenges amid stalled revenue growth and no Q4 guidance. Learn why WOLF stock is a hold.
Plus, peek inside Raleigh’s newest data center, a Duke researcher reflects on her canceled federal grant amid buyouts, and ...
Wolfspeed Inc. shares collapsed by nearly 68% on Wednesday, reflecting deepening investor alarm over the chip supplier’s ...
The asset manager ranks high in the chip maker’s $6.5 billion debt stack.
These changes occur as Wolfspeed continues to engage with lenders to improve its capital structure amid ongoing financial restructuring efforts. This article was generated with the support of AI ...
One of the big catalysts for Carvana was its debtors restructuring its debt, which is something Wolfspeed's management is currently looking to do. Where to invest $1,000 right now? Our analyst ...
"We appreciate his commitment to staying on to support our efforts to strengthen the ... and potential increases to its restructuring costs; Wolfspeed’s ability to obtain additional funding ...
including a 25% workforce reduction and strategic restructuring efforts. Citi analysts recently cut the price target for Wolfspeed shares to $3.00 from $7.00, maintaining a Sell rating due to ...
The chip company is looking at a Chapter 11 plan after passing on other debt-restructuring proposals ... among other efforts. As of March 31, Wolfspeed said it had $1.3 billion in cash - but ...